Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

Pakistani Rupee/South African Rand (FOREX:PKRZAR)

Crossroads (+60) - PKRZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PKRZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PKRZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	PKRZAR Price	Change
0.06540293	0.06548189	0.06384630	0.06429080	-0.00111200
Entry Signal

MarketClub’s Trade Triangles for PKRZAR

The long-term trend has been DOWN since Jul 24th, 2023 at 0.06194274

The intermediate-term trend has been UP since Sep 15th, 2023 at 0.06434668

The short-term trend has been UP since Sep 21st, 2023 at 0.06530167

Smart Scan Analysis for PKRZAR

Based on our trend formula, PKRZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.06540293	0.06548189	0.06384630	0.06429080	-0.00111200
Prev. Close	Volume	Bid	Ask	Time
0.06540293				2023-09-22 18:58:28

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